Thursday, 28 July 2011

Ford Motors to get 400 acres land near Nano plant in Sanand; to set up 2nd manufacturing unit

The Gujarat government will allocate 400 acres to the US-auto maker Ford Motors to set up its second manufacturing unit in India. The Rs 5,000-crore facility will come up near Tata Nano's mother plant in Sanand, located 40 kms from Ahmedabad. 

An additional 100 acre will be earmarked for the vendor park. The Gujarat government will make a formal announcement on Thursday. Joe Hinrichs, president, Ford Asia Pacific and Africa and Michael Boneham, president and managing director, Ford India will sign an MoU with the state to seal the deal. Ford's existing manufacturing facility is located in Chennai. 

"In line with its long term commitment, Ford continues to pursue an aggressive growth strategy in India to bring world-class vehicles. As part of its plan to introduce eight new products by the middle of the decade, Ford is significantly expanding its capacities in its existing facility in Tamil Nadu as well as exploring other options to meet the growing demand of consumers in India and export markets across the world," Ford said in a written communication to ET on Wednesday. 

Ford's move comes close on the heels of Maruti Suzuki expressing its interest to set up shop in Gujarat. Others in pipeline to make Gujarat their manufacturing destinations include French carmaker PSA Peugeot Citroen, 2-wheeler manufacturer Hero Honda and Bajaj Auto. 

Peugeot Citroen officials have already visited the state and are in the process to finalise the project that too would come adjoining the Tata Nano plant. A formal announcement is likely in one month .Bajaj Auto is planning to set up its fourth and largest plant near the Mundra port in Gujarat. 

The plant will also manufacture passenger car the company for which it has joined hands with Nissan-Renault.


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